Rice Warner has announced two key changes to its leadership team, with Michael Rice stepping down as chief executive to focus on public policy initiatives and a few key clients.
He would be replaced by Willis Towers Watson’s head of Australasia, Andrew Boal, effective immediately, in what the company said was a “smooth succession plan”.
“I have known and respected Andrew for many years. I am delighted that he has chosen to take this role. At a time of industry turmoil and rapid change, Rice Warner will be well positioned to continue to support our clients with Andrew at the helm,” Rice said about his successor.
Rice would remain an executive and board member of Rice Warner.
The fund has announced three executive-level appointments, including a new chief investment officer.
The super fund has tapped a former Vanguard and Plato Investment Management executive to lead its fixed interest team.
The firm has grown its wealth management team with an experienced distribution specialist.
The $36 billion fund has announced the appointment of an experienced public sector executive leader.
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